CAC 40 Slides On Interest-rate Worries

RTTNews | 1034 hari yang lalu
CAC 40 Slides On Interest-rate Worries

(RTTNews) - French stocks lost ground on Wednesday as inflation and interest-rate worries returned to haunt investors.

Risk-off sentiment prevailed ahead of speeches by a couple of European Central Bank policy-makers and U.S. Federal Reserve Chair Jerome Powell later in the day.

The benchmark CAC 40 dropped 116 points, or 2 percent, to 5,848 after gaining 0.8 percent on Tuesday.

Capgemini fell 1.3 percent while Orange advanced 0.8 percent. The companies confirmed that Bleu, their future joint venture that will provide trusted cloud ("Cloud de Confiance"2) services to address the needs of specific French organizations, is expected to start supporting clients in preparing for their migration by the end of 2022.

Banking group Crédit Agricole SA declined 1.6 percent after unveiling a new strategic roadmap. The lender said it targets one million extra retail banking customers by 2025 and a net profit of more than 6 billion euros ($6.30 billion.

read more
Hong Kong Shares Tipped To Open In The Red

Hong Kong Shares Tipped To Open In The Red

Ahead of the long Easter weekend, the Hong Kong stock market had bounced higher again on Thursday, one session after halting the six-day winning streak in which it had surged more than 1,600 points or 7.8 percent. The Hang Seng Index now sits just shy of the 21,400-point plateau although it's expected to open sharply lower on Tuesday as it catches up on missed sentiment.
RTTNews | 24 minit yang lalu
Australian Market Notably Lower

Australian Market Notably Lower

The Australian stock market is trading notably lower on Tuesday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying falling well below the 7,800 level, with weakness across most sectors led by technology stocks. Gold stocks were the only bright spot.
RTTNews | 29 minit yang lalu
China Shares May Head South Again On Tuesday

China Shares May Head South Again On Tuesday

The China stock market rebounded on Mondy, one session after ending the eight-day winning streak in which it had rallied more than 180 points or 5.9 percent. The Shanghai Composite Index now sits just above the 3m290-point plateau, although it figures to see renewed selling pressure on Tuesday.
RTTNews | 39 minit yang lalu
Taiwan Shares May Take Further Damage On Tuesday

Taiwan Shares May Take Further Damage On Tuesday

The Taiwan stock market turned lower again on Monday. One session after snapping the two-day slide in which it had slumped almost 520 points or 2.6 percent. The Taiwan Stock Exchange now sits just above the 19,100-point plateau and it's expected to open under water again on Tuesday.
RTTNews | 1j 9min yang lalu
Singapore Shares Due For Consolidation

Singapore Shares Due For Consolidation

The Singapore stock market has climbed higher in five straight sessions, rallying almost 250 points or 6.5 percent along the way. The Straits Times Index now sits just shy of the 3,760-point plateau although investors figure to cash in on Tuesday.
RTTNews | 1j 39min yang lalu
Malaysia Bourse: Resistance Expected At 1,500 Points

Malaysia Bourse: Resistance Expected At 1,500 Points

The Malaysia stock market has tracked higher in three straight sessions, collecting almost 25 points or 1.6 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,500-point plateau, although the rally is likely to stall on Tuesday.
RTTNews | 2j 9min yang lalu
Japan Stock Market May Extend Monday's Losses

Japan Stock Market May Extend Monday's Losses

The Japanese stock market on Monday ended the two-day winning streak in which it had improved more than 800 points or 2.3 percent. The Nikkei 225 now sits just shy of the 34,280-point plateau and it may take further damage again on Tuesday.
RTTNews | 2j 24min yang lalu
Rally May Stall For South Korea Stock Market

Rally May Stall For South Korea Stock Market

The South Korea stock market has moved higher in three straight sessions, advancing more than 40 points or 1.6 percent along the way. The KOSPI now sits just shy of the 2,490-point plateau although it's likely to run out of steam on Tuesday.
RTTNews | 2j 39min yang lalu